Summons out for three big Thai lottery agents

[webfact]

Summons out for three big lottery agents
THE NATION

BANGKOK: -- THE REVENUE Department yesterday summoned three big lottery vendors for disclosure of their financial information and tax-payment records within seven days.

The department issued the summons after the Government Lottery Office named these three operators for scrutiny. They have been granted lottery-ticket quotas by the GLO for a long time.

Prasong Poontaneat, Revenue Depart-ment director-general, said it had asked the three vendors to clarify their financial statements and show evidence of tax payment within seven days after the invitation.

The department will compare their tax payments to their income, the number of lottery-ticket quotas and discounts, he said. If their income was higher than the discounts, that would indicate overpriced tickets, and the income in excess of the price cap of Bt80 a pair would be taxed.

"All three vendors are required to show their bank statements or other routes of their income. The lottery distributors can authorise representatives to deal with this matter," Prasong said.

An anonymous source from the Revenue Department said big lottery vendors received a quota of about 1.6 million pairs each from the GLO and most of them booked their records accurately. Inspection must be made of other assets such as real estate.

According to the GLO, the three big vendors in question were among the "five tigers" group that has reportedly dominated the sale of lottery tickets. The three are Ms Sarian Assawa-wutthipong, Yardnam-peth and Salak Mahalarp.

Large brokers that have been given lottery-ticket quotas by the GLO for long periods reportedly bought lottery tickets from other distributors including charity organisations and associations, which also received a ticket-quota allotment of no fewer than 1 million pairs each.

Other distributors reportedly deducted Bt1.60 a pair. When brokers resold them to smaller distributors at Bt80 a pair, these brokers would earn a profit of Bt5.60 a pair.

Source: http://www.nationmultimedia.com/business/Summons-out-for-three-big-lottery-agents-30270260.html


-- The Nation 2015-10-06

[Toknarok]

What's the betting loads on lots of maids and chauffeurs suddenly getting rich?

[clockman]

So the leader has still not solved the government lottery scam?

[NongKhaiKid]

All together now - " we're too ill to attend, postponement please. "

[robblok]

So the leader has still not solved the government lottery scam?

No but he is at least doing something about it and has changed the quota and driven the price down and now is inspecting the big sellers. Seems all is going well and real action is taken. You can fault them for many things but this is actually working.

[ChrisY1]

My bet is they didn't get the chance to buy the RTA' allocation of 275K tickets each lottery!

[DennisF]

So the leader has still not solved the government lottery scam?

No but he is at least doing something about it and has changed the quota and driven the price down and now is inspecting the big sellers. Seems all is going well and real action is taken. You can fault them for many things but this is actually working.

IF it is followed through then you are correct, I think this resounding success may give him an elevated place in Thai history.

In the meantime.. back in the world of death, scams and poverty for the masses.. nothing changes.

Cheap lottery tickets will not save the economy or bring happiness to the people, guaranteed.

[Bob12345]

So the leader has still not solved the government lottery scam?

No but he is at least doing something about it and has changed the quota and driven the price down and now is inspecting the big sellers. Seems all is going well and real action is taken. You can fault them for many things but this is actually working.

He will be mentioned in history books as the one who worked out the lottery problem.

[mark131v]

So the leader has still not solved the government lottery scam?

No but he is at least doing something about it and has changed the quota and driven the price down and now is inspecting the big sellers. Seems all is going well and real action is taken. You can fault them for many things but this is actually working.

IF it is followed through then you are correct, I think this resounding success may give him an elevated place in Thai history.

In the meantime.. back in the world of death, scams and poverty for the masses.. nothing changes.

Cheap lottery tickets will not save the economy or bring happiness to the people, guaranteed.

Really good to see the grand fromage and his minions are continuing to concentrate on the big stuff, one must know how to pick ones fights so the fact he has concentrated on this, beech furniture and also been the scourge of the boy racers I think makes Thailand a much better place as everything else here is just perfect....

[webfact]

Three major lottery wholesalers to face back taxes



BANGKOK: -- The Revenue Department will be investigating three major lottery retailers which may result in back taxes having to be paid if their corporate tax payment did not correspond with earnings which were derived from selling lottery at government control price.

Director-general of the Revenue Department Mr Prasong Poontanet revealed that the department has sent out summons to three major lottery wholesalers to present their financial and tax records for scrutiny within the next seven days.

The action came as a result of their failures to cooperate with the Government Lottery Office (GLO) to maintain retail prices at 80 baht per ticket.

Mr Prasong said that lottery quotas allocated to wholesalers will be compared to each wholesaler’s income and if any extraordinary earnings are discovered then any profits in excess of the prescribed 80 baht minimum will be subjected to back taxes.

Meanwhile GLO spokesman Mr Thanawat Polwichai stated yesterday that an agreement was reached to adjust the lottery quotas given to organisations, foundations and associations.

The entire 74 million lottery tickets allocated under the quota system expires this December and the GLO stated that it might consider abolishing the quota system entirely.

He expected that the decision would be finalised within the next 1 – 2 months.

With regards to the open bookings for a new batch of tickets made through the Krungthai Bank on October 3, he stated that response was much better than expected forcing the GLO to increase the number of tickets to 100 million.

Formerly the total number of tickets stood at 74 million tickets, and on average, 10 booklets is booked per person.

But the new GLO quota now specifies that one individual is only allowed to book a maximum number of 15 booklets beginning in November 1, 2015.

In the existing system each individual was allowed a maximum amount of 50 booklets.

Source: http://englishnews.thaipbs.or.th/three-major-lottery-wholesalers-to-face-back-taxes-2


-- Thai PBS 2015-10-06

[robblok]

So the leader has still not solved the government lottery scam?

No but he is at least doing something about it and has changed the quota and driven the price down and now is inspecting the big sellers. Seems all is going well and real action is taken. You can fault them for many things but this is actually working.

IF it is followed through then you are correct, I think this resounding success may give him an elevated place in Thai history.

In the meantime.. back in the world of death, scams and poverty for the masses.. nothing changes.

Cheap lottery tickets will not save the economy or bring happiness to the people, guaranteed.

Really good to see the grand fromage and his minions are continuing to concentrate on the big stuff, one must know how to pick ones fights so the fact he has concentrated on this, beech furniture and also been the scourge of the boy racers I think makes Thailand a much better place as everything else here is just perfect....

Really good to see that the red mob indeed does not know much. Ever heard of delegating, there are so many civil servants they don't all have to work on major things. Guess that goes over your head. Wonder if you ever led a company or had employees ?

[mark131v]

Delegating? nope, never heard of it and yep all of it has gone way over my head, you just keep your head in the sand fella...

ps I hope everything is safe enough for you today

[MaxLee]

As if lottery is the most important thing in Thailand's political scape

[Chang_paarp]

Going down the old "Al Capone road" to get the untouchables. It has merit as a method, let us hope it is successful.

[lujanit]

To me it would seem that this whole scandal could be solved by eliminating these 'wholesalers' and selling batches of tickets directly to retailers who have pre-registered. The retailers would make more money and the opportunity for corruption minimizes. But what do I know, I am only a stupid farang who doesn't understand Thainess whatever the fiick that is.

[robblok]

Delegating? nope, never heard of it and yep all of it has gone way over my head, you just keep your head in the sand fella...

ps I hope everything is safe enough for you today

So you actually heard of it and never thought that they would do the same in Thailand. Wow.. you got the knowledge and refuse to use it. Sounds like your a lost cause.

Or you just love to complain and write B.S even though you know better

I let others be the judge of what you actually are.

[mark131v]

Nah mate I just make my own mind up and call BS when I see it, see it a lot sometimes from some posters.....

[dageurreotype]

It would be much more impressive if this mass coverage had reforming the police/judiciary at it's center, but no, crowd pleasing 'you too could be rich like me some day little peasant' much more, dare I say it? Populist.

[hugh2121]

So the leader has still not solved the government lottery scam?

No but he is at least doing something about it and has changed the quota and driven the price down and now is inspecting the big sellers. Seems all is going well and real action is taken. You can fault them for many things but this is actually working.

Pity the same energy isn't given to more important issues in Thailand.

[DennisF]

Delegating? nope, never heard of it and yep all of it has gone way over my head, you just keep your head in the sand fella...

ps I hope everything is safe enough for you today

So you actually heard of it and never thought that they would do the same in Thailand. Wow.. you got the knowledge and refuse to use it. Sounds like your a lost cause.

Or you just love to complain and write B.S even though you know better

I let others be the judge of what you actually are.

He said he NEVER heard of it so your first insult was just venom.

Your should be you're.

Complaining or writing facts?

You are judging, not leaving it to others.

As for red shirt followers, do not put me in that camp with your vivid imagination.

I call things as I see them, and the self anointed should get relevant education before taking on tasks they are clearly unsuited to.

[FangFerang]

There is a vehicle here that ensures unequal treatment under the law.

It's powered by the NonEngine (sometimes described as a lack of the power to Subpoena records from the influential elite), and its passengers are all in the latest designer fashion pinstriped Defamation Suits.

[robblok]

Delegating? nope, never heard of it and yep all of it has gone way over my head, you just keep your head in the sand fella...

ps I hope everything is safe enough for you today

So you actually heard of it and never thought that they would do the same in Thailand. Wow.. you got the knowledge and refuse to use it. Sounds like your a lost cause.

Or you just love to complain and write B.S even though you know better

I let others be the judge of what you actually are.

He said he NEVER heard of it so your first insult was just venom.

Your should be you're.

Complaining or writing facts?

You are judging, not leaving it to others.

As for red shirt followers, do not put me in that camp with your vivid imagination.

I call things as I see them, and the self anointed should get relevant education before taking on tasks they are clearly unsuited to.

Its hard to imagine that people don't know what delegating, is seemed like he was being sarcastic. But it could be that he was indeed ignorant.

You can correct all my English, its only one of 4 languages I speak not even my first. I don't put much effort in my post its just a forum not an important letter to spellcheck. But hey feel superior if you want I doubt you speak many other languages at high level. (could be wrong of course but most native English speakers don't)

I made a case and let others judge, that is how i put it.

And I have no idea what you are not interested in it either.

[mark131v]

Delegating? nope, never heard of it and yep all of it has gone way over my head, you just keep your head in the sand fella...

ps I hope everything is safe enough for you today

So you actually heard of it and never thought that they would do the same in Thailand. Wow.. you got the knowledge and refuse to use it. Sounds like your a lost cause.

Or you just love to complain and write B.S even though you know better

I let others be the judge of what you actually are.

He said he NEVER heard of it so your first insult was just venom.

Your should be you're.

Complaining or writing facts?

You are judging, not leaving it to others.

As for red shirt followers, do not put me in that camp with your vivid imagination.

I call things as I see them, and the self anointed should get relevant education before taking on tasks they are clearly unsuited to.

Its hard to imagine that people don't know what delegating, is seemed like he was being sarcastic. But it could be that he was indeed ignorant.

You can correct all my English, its only one of 4 languages I speak not even my first. I don't put much effort in my post its just a forum not an important letter to spellcheck. But hey feel superior if you want I doubt you speak many other languages at high level. (could be wrong of course but most native English speakers don't)

I made a case and let others judge, that is how i put it.

And I have no idea what you are not interested in it either.

Yep sarcasm Robb, guilty....

Touchy today mate cannot see where he is slagging your education but like Dennis I can see that your assumption that anybody that does not agree with you or your mates in the Junta is some kind of venom spitting red terrorist is completely wrong it is just most of us have realised that two wrongs don't make a right, from a personal perspective I don't agree that my rights as a foreigner are more important than the majority of the natives and you obviously do....sad really..

[Squeegee]

Will Cha-Cha-Cha and all his cronies also show their tax receipts?

"I'll take care of all these heroin addicts," said the meth addict.

[Lakegeneve]

Previous reports in the Thai press have estimated that the big 5 brokers were making between 50-60 billion baht a year between them by increasing the resell price to vendors at the 100 baht price.

That's nearly US$1.5 to 2 billion (previous exchange rates) for the many, many years that this practice was occurring under all govts.

That money could build a lot of hospitals, schools, new metro lines etc.

All involved should be prosecuted and have their assets stripped and used by the state for community projects. (Of course one can only dream.....)

[ginjag]

So the leader has still not solved the government lottery scam?

No but he is at least doing something about it and has changed the quota and driven the price down and now is inspecting the big sellers. Seems all is going well and real action is taken. You can fault them for many things but this is actually working.

Pity the same energy isn't given to more important issues in Thailand.

A million more important things are being routed----THIS just happens to be a topic Picked for people like you to pick up on. Eyes open please. Do you read Thai news---TV all the efforts being made to correct YEARS of B/Sh#t. need more than an army and a decade to do it---------

[SOTIRIOS]

........God......the have got such a long way to go......

[Thai at Heart]

This is the biggest legal money washing scheme in Thailand.

[hugh2121]

So the leader has still not solved the government lottery scam?

No but he is at least doing something about it and has changed the quota and driven the price down and now is inspecting the big sellers. Seems all is going well and real action is taken. You can fault them for many things but this is actually working.

Pity the same energy isn't given to more important issues in Thailand.

A million more important things are being routed----THIS just happens to be a topic Picked for people like you to pick up on. Eyes open please. Do you read Thai news---TV all the efforts being made to correct YEARS of B/Sh#t. need more than an army and a decade to do it---------

And still wasting time and manpower on minor things.